Crypto ATM company Bitcoin Depot will go public on Nasdaq from July 3
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors to gain exposure to common stock of Bitcoin Depot.
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Bitcoin Depot, one of the largest cryptocurrency ATM companies in the United States, has announced the closing of a merger agreement allowing the company to go public.
In a June 30 announcement, fintech firm GSR II Meteora Acquisition Corporation said its shareholders had approved the merger for the company to act as a special-purpose acquisition company for Bitcoin Depot. The deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot on the Nasdaq starting July 3.
PR closing $GSRM and Bitcoin Depot agreement. Will trade in $BTM on Monday, July 3.https://t.co/tlimnZdQqF
— SPAC Track (@SPACtrack) June 30, 2023According to Bitcoin Depot Founder and CEO Brandon Mintz, the merger agreement was intended to support "numerous growth opportunities" and promote the adoption of Bitcoin (BTC) in North America. Investors will be able to find shares of Bitcoin Depot under the ticker symbols BTM and BTMWW for its common stock and public warrants, respectively.
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The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors to gain exposure to common stock of Bitcoin Depot.
News
Join us on social networks
Bitcoin Depot, one of the largest cryptocurrency ATM companies in the United States, has announced the closing of a merger agreement allowing the company to go public.
In a June 30 announcement, fintech firm GSR II Meteora Acquisition Corporation said its shareholders had approved the merger for the company to act as a special-purpose acquisition company for Bitcoin Depot. The deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot on the Nasdaq starting July 3.
PR closing $GSRM and Bitcoin Depot agreement. Will trade in $BTM on Monday, July 3.https://t.co/tlimnZdQqF
— SPAC Track (@SPACtrack) June 30, 2023According to Bitcoin Depot Founder and CEO Brandon Mintz, the merger agreement was intended to support "numerous growth opportunities" and promote the adoption of Bitcoin (BTC) in North America. Investors will be able to find shares of Bitcoin Depot under the ticker symbols BTM and BTMWW for its common stock and public warrants, respectively.
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